Melwani and Goulet of ARM Real Estate Group close $1.84 million sale in Queens

Anand Melwani, ARM Real Estate Group

31-52 Steinway Street - Queens, NY

Alexandre Goulet, ARM Real Estate Group

Queens, NY ARM Real Estate Group has completed the sale of 31-52 Steinway St. in the Astoria neighborhood for $1.84 million.

The two-story, 1,944 s/f retail building (with second floor office accessible only through the retail space) was delivered vacant. The subject property was built in 1930 and is located between Broadway and 31^st Ave., two blocks away from the M and R subway stops.

Anand Melwani and Alexandre Goulet of ARM Real Estate Group represented both parties in this transaction. The seller is Alexandre Geis and the buyer is a Flushing, Queens based investor 31 Steinway 52 LLC.

ARM Real Estate Group has brokered over $250,000,000 of commercial property in Manhattan, Brooklyn and Queens since its inception in 2011. By focusing on off-market deals, ARM has consistently been able to add value to both sides of every transaction through its vast network and in-depth financial analysis.

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